Highwood Asset Management Ltd.

Highwood Asset Management Ltd. is an oil and gas exploration and production company. It has an inventory of oil development drilling locations focused primarily on horizontal multilateral development of its assets. It is engaged in ownership and oversight of various operations including metallic minerals, oil production and midstream energy operations. Its operations, including mines and minerals permits are held between Alberta, British Columbia, and Saskatchewan. Its Wabsaca River Sales Line is located 450 kilometers north of Edmonton and delivers onto the Plains Rainbow System. Its segments include Metallic Minerals, Midstream Operations, Upstream Operations, and Corporate and Other. The Metallic Minerals segment includes industrial metal and mineral assets. The Midstream Operations segment consists of its Wabasca River Sales Pipeline and EVI Terminal. The Upstream Operations segment includes oil production with upstream assets located in the Western Canada Sedimentary Basin.